Measuring Value

Altruistic Economics = Cooperation The multiple-value system of self-evaluation means that RB & RS are stated publicly. B=S=(RB-RS)/2 Since P is unused, there is no need for buyer and seller to agree a price, ensuring less arguing and fairer outcomes than capitalism, especially if buyer and seller have unequal bargaining power. Explicit statement of RB & RS gives it greater efficiency than single-valued scoring systems.

Capitalist Economics = Competition Price is all important, since individuals hide their real evaluations (RB & RS). RS+S =P = RB-B Systemic conflict arises because Price (P) divides the benefits of the transactions. This casts buyer and seller in the roles of competitors, since they benefit from moving P in opposite directions. The only communication of value transferred in the transaction is P, which is an poor reflection of the real value difference; the only inference that can certainly be made is that P lies somewhere between RB and RS.